Bengaluru-based payments infrastructure startup Juspay has raised $60 million in a Series D funding round led by Kedaara Capital.
The round also saw participation from returning investors SoftBank and Accel, while early investor VEF partially exited and retained a 7.8% stake.
Juspay provides payment technology solutions for banks and large enterprises, with a claim of processing over 200 million transactions a day.
The funding will be used to develop its open-source payments orchestration platform and advance AI capabilities to improve merchant experience and operational efficiency.